Market Update





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September 2025

­­U.S. Steel Capacity Utilization: The total tonnage for the week ending September 27th was 1,770 million net tons, at a capacity utilization rate of 78.1%. The year-to-date tonnage output is 67,216 million net tons, at an average capacity utilization rate of 76.7%. In 2024, the same output total was 67,112 million net tons, at an average capacity utilization of 77.5%.
­­U.S. Steel Capacity Utilization: The total tonnage for the week ending September 20th was 1,754 million net tons, at a capacity utilization rate of 76.7%.
­­U.S. Steel Capacity Utilization: The total tonnage for the week ending September 13th was 1,764 million net tons, at a capacity utilization rate of 77.9%.
U.S. Steel Rebar Final Imports: Final Rebar Imports to the U.S. came in at 67,071 tons for the month of July 2025, down 51.8% m/m. 
U.S. Steel Merchant Final Imports: Final Merchant Imports to the U.S. came in at 14,024 tons in July 2025, decreasing 17% month over month (m/m).
U.S. Fabricated Beam Final Imports: Final fabricated beam imports to the U.S. came in at 39,126 tons in July 2025, decreasing 8.8% month over month (m/m).
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